Investment In Dangote Didn’t Align With Our Strategic Goals, NNPC Confirms Non Ownership of 20% Stake
The National Petroleum Corporation (NNPC) has reacted to reports that its stake in Dangote refinery reduced from 20% to 7.2%.
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Business
90% Of Diesel Sold In Nigeria’s Filling Stations Are “Cooked Locally” Or Illegally Refined, Tompolo’s Firm Reveals
A company owned by former Niger Delta warlord, Government Ekpemupolo, also known as Tompolo, Tantita Security Services (TSS) Ltd., has alleged
Read MoreInterest Rate At 30% Will Stifle Growth, Hinder Job Creation, Dangote Warns CBN
Aliko Dangote, president of the Dangote Group, says the increase of interest rate to almost 30 percent by the Central
Read MoreNigeria’s Public Debt Rises By ₦24.33 Trillion In Three Months
The Debt Management Office (DMO) of Nigeria has announced that the nation’s total public debt has increased significantly to N121.67
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Sanwoolu Unveils Pastor Ashimolowo’s N6Bn Luxurious Makarios Water Display Place (pics)
History, indeed, was made on Sunday 9 June 2024, as Lagos State Governor, Mr. Babajide Sanwo-Olu officially unveiled the iconic
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Naira Crash: Nigeria Secures Fresh $925 Million Loan To Stabilize The Economy
Nigeria has secured an additional $925 million loan from the African Export-Import Bank (Afreximbank) to help stabilize the country’s economy.
Read MoreExternal Reserves Fall By $1.8bn In 10 Weeks
Nigeria’s foreign exchange reserves have fallen by $1.8bn in 10 weeks, according to data from the Central Bank of Nigeria.
Read MoreNaira Crashes Massively Against Dollar 24 Hours After Naira Crashes Massively Against Dollar 24 Hours After Tinubu’s Anniversary
The Naira recorded its first massive depreciation against the dollar at the foreign exchange market 24 hours after President Bola Ahmed
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Huggies Maker, Kimberly-Clark To Stop Production 3yrs After Investing $100m In Nigeria
Diaper and sanitary pad manufacturer, Kimberley Clark will soon announce an imminent shutdown of its Ikorodu production facility two years
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Total Snubs Nigeria; Invests $600m In Congo
French oil major, TotalEnergies, has announced a $600 million investment deal in the Republic of Congo few days after the
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